Schneider Electric SA
The Commission investigated a global cartel which raised the cost of components used in the transmission of electricity (gas insulated switchgear – GIS). Schneider admitted its involvement in the cartel until it was excluded by the other participants in December 2000. It admitted breaching the Commerce Act by giving effect to the cartel in New Zealand. Schneider was fined $1.1 million.
Case Details
Parties
Schneider Electric SA
Category
Anti-competitive conduct
Sub-category
Act/Section
Commerce Act 1986 27, 30, 80
Industry
Electricity, gas, water, and waste services
Status
Closed
Outcome
Judgment
Case Number
Date opened
22 December 2008
Date closed
22 December 2008
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